About Finplex
Finplex is a company based in India founded in 2019 by Raja Kishen Rao, Sanjay Singh, Davender Ahuja, and Tarun Joshi. Finplex has raised $4.4 million across 4 funding rounds from investors including Vijaykumar Chhotabhai Patel, Bhikhu Chhotabhai Patel and Manish Jain. The company has 80 employees as of April 07, 2024. Finplex offers products and services including Business Loans, Secured Loans, Unsecured Loans, and Loan Calculator. Finplex operates in a competitive market with competitors including Funding Societies, Bizongo, Lendingkart, Yubi and GoKwik, among others.
- Headquarter India
- Employees 80 as on 07 Apr, 2024
- Founders Raja Kishen Rao, Sanjay Singh, Davender Ahuja, Tarun Joshi
- Stage Minicorn
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Sectors
Financial Services
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Phone
Locked
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Website
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Social
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- Legal Name Finplex Technologies Private Limited
- Date of Incorporation 27 May, 2019
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$898.12 K (USD)167.78as on Mar 31, 2022
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Net Profit
$21 K (USD)109.47as on Mar 31, 2022
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EBITDA
$15.56 K (USD)106.82as on Mar 31, 2022
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Total Equity Funding
$4.4 M (USD)
in 4 rounds
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Latest Funding Round
$2.05 M (USD), Angel Round
Nov 14, 2022
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Investors
& 8 more
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Employee Count
80
as on Apr 07, 2024
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Products & Services of Finplex
Finplex offers a comprehensive portfolio of products and services, including Business Loans, Secured Loans, Unsecured Loans, and Loan Calculator.
Provides funding for business growth and cash flow needs.
Offers loans backed by collateral for lower interest rates.
Delivers loans without collateral for flexible business financing.
Helps calculate EMI and interest for loan planning.
Funding Insights of Finplex
Finplex has successfully raised a total of $4.4M across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $2.05 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Finplex
Finplex has secured backing from 9 investors, including angel investors. Prominent investors backing the company include Vijaykumar Chhotabhai Patel, Bhikhu Chhotabhai Patel and Manish Jain.
| Investor | Description | Founded Year | Domain | Location |
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VC
Vijaykumar Chhotabhai Patel |
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BC
Bhikhu Chhotabhai Patel |
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MJ
Manish Jain |
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Locked | Locked | Locked |
Investor details for Finplex
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Finplex
Investment portfolio details for Finplex
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - Finplex
Detailed financials for Finplex
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- Profit trends
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Finplex Comparisons
Peer comparison for Finplex
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Finplex
Finplex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Funding Societies, Bizongo, Lendingkart, Yubi and GoKwik, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Business loans are provided via a P2P marketplace platform.
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Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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Provider of unsecured business loans and working capital financing to MSMEs
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Business loans are facilitated through an online debt marketplace.
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Software solutions are provided for e-commerce and D2C brands.
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Online business loans and credit solutions for MSMEs are provided.
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Detailed competitors of Finplex
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- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Finplex
Complete news archive for Finplex
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Frequently Asked Questions about Finplex
Finplex was founded in 2019.
Finplex is headquartered in India.
Tarun Joshi is the current CEO of Finplex. They have also founded this company.
Finplex is a funded company, having raised a total of $4.4M across 4 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Finplex is 80.
Annual revenue of Finplex is $898.12K as on Mar 31, 2022.
Finplex was established in 2019 in India as an online marketplace focused on business loans. Connections between small and medium enterprises and lenders are facilitated through the platform, enabling access to financing options. Operations are centered in the fintech sector, with services tailored for Indian businesses. Leadership is provided by co-founders including Tarun Joshi as CEO and Sanjay Singh as director.
Finplex's top competitors include Funding Societies, Yubi and Indifi.
Finplex offers Business Loans, Secured Loans, Unsecured Loans, and Loan Calculator.
Finplex has 9 investors. Key investors include Vijaykumar Chhotabhai Patel, Bhikhu Chhotabhai Patel, Manish Jain, Ashwin Gudidevuni, and Dinanath Modi.
The valuation of Finplex is $22.46M as of Nov 2022.